Bank of Israel keeps interest rates unchanged
Yaron warns government over fiscal policy as central bank cuts growth forecast
The Bank of Israel’s monetary policy committee decided to keep interest rates unchanged at 4.75% at its meeting on November 27.
This is the second time it has held rates since Hamas’s attacks on October 7 initiated the war between Israel and the terrorist group.
The BoI also revised down its growth forecast for the Israeli economy, while it maintained inflation projections unchanged.
Nonetheless, in a briefing after the meeting, governor Amir Yaron warned: “The effects of the war on the
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